Xu Jiming resigned as the chairman of the supervisory board of Bank Of Communications, and five out of the six major state-owned banks have vacancies for the chairman of the supervisory board, marking a transitional period for the reform of the supervisor

① From the current practices of major Banks, it is highly likely that listed Banks will tend not to establish supervisory boards. ② The new transitional arrangements of the Securities Regulatory Commission's "Company Law" clarify that listed companies should not establish supervisory boards or supervisors before January 1, 2026.

cls.cnJan 16 15:54

Cailian Press Autos Morning Report [January 16]

① The Ministry of Commerce: This week, detailed implementation rules for new purchase subsidies for mobile phones and other digital products will be issued successively; ② Guangdong: The production of New energy Fund vehicles will grow by 43% in 2024, accounting for a quarter of the national total; ③ Chongqing Changan Automobile: It will enter the Europe market in 2025;

cls.cnJan 16 08:39

The minimum repayment ratio for credit cards has "suddenly" reached a new low, with the Bank Of Communications lowering it to 2% for some customers, while several major banks still maintain it at 10%.

① Bank Of Communications plans to adjust the minimum repayment ratio for some credit card customers from 5% to 2% in the near future. ② Bank Of Communications is the first state-owned bank to make such an adjustment this year, and this repayment ratio is currently the lowest in the market. ③ Currently, the default minimum repayment ratio for most credit cards from Bank Of China, Industrial And Commercial Bank Of China, and Postal Savings Bank Of China is 10%; Agricultural Bank Of China has some credit card products at 5%, while others still operate at 10%.

cls.cnJan 14 19:41

Contemporary Amperex Technology has entrusted Bank of America, China International Capital Corporation, China Securities Co.,Ltd., JPMorgan, and others to lead the arrangements for the Hong Kong listing.

Ryanben CapitalJan 13 13:33

Maotai shrinks its ice cream Business and is selling off products nearing expiration at a third of the price!

① The relevant person in charge of Kweichow Moutai responded to the news about the closure of Moutai ice cream stores, stating that the company is actively scaling back its ice cream Business, but will continue to cultivate new Consumer groups, and emphasize the integration of culture and Technology into product services. ② The number of Moutai ice cream stores nationwide will shrink from 206 to only cover a few stores under Moutai Hotel, and online sales have also run out of stock.

cls.cnJan 10 22:07

Banks' "Wealth Management Night Market" trend is rising again, and the incremental scale of bank wealth management may reach 2-3 trillion yuan by 2025.

① Wealth management companies and Banks are actively creating and establishing "wealth management night markets," breaking time limitations to meet more investors' needs; ② Against the backdrop of declining deposit interest rates, bank wealth management still has vast development space. In the next step, wealth management companies can continue to strengthen efforts in product innovation, channel innovation, and service model innovation.

cls.cnJan 10 15:30